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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Reopening of assessment - it is not for the petitioner to advise ...

Income Tax

January 8, 2013

Reopening of assessment - it is not for the petitioner to advise the assessing officer as to what inference he should draw as to nature of the expenditure–whether it is revenue or capital in nature. - notice issued u/s. 148 quashed - HC

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